V2X’s (VVX) Hold (C) Rating Reiterated at Weiss Ratings

Weiss Ratings reissued their hold (c) rating on shares of V2X (NYSE:VVX) in a research note published on Wednesday,Weiss Ratings reports.

Other analysts also recently issued reports about the company. Stifel Nicolaus set a $63.00 price objective on V2X and gave the company a “buy” rating in a research note on Tuesday, August 5th. Wall Street Zen upgraded V2X from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 30th. Bank of America upgraded V2X from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $55.00 to $65.00 in a research report on Wednesday, August 13th. Morgan Stanley boosted their target price on V2X from $51.00 to $55.00 and gave the stock an “underweight” rating in a research report on Friday, September 19th. Finally, The Goldman Sachs Group boosted their target price on V2X from $45.00 to $50.00 and gave the stock a “sell” rating in a research report on Wednesday, August 13th. Seven research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $62.60.

V2X Stock Down 4.4%

VVX opened at $55.78 on Wednesday. The business has a 50 day moving average price of $56.76 and a two-hundred day moving average price of $50.93. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.02. The company has a market cap of $1.77 billion, a PE ratio of 25.35, a P/E/G ratio of 0.60 and a beta of 0.25. V2X has a 52 week low of $41.08 and a 52 week high of $69.75.

V2X (NYSE:VVX) last posted its quarterly earnings data on Monday, August 4th. The company reported $1.33 EPS for the quarter, beating the consensus estimate of $1.00 by $0.33. The firm had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.06 billion. V2X had a return on equity of 15.28% and a net margin of 1.63%.The firm’s revenue was up .6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.83 EPS. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. As a group, research analysts anticipate that V2X will post 4.16 EPS for the current year.

Insider Buying and Selling

In related news, Director Dino M. Cusumano sold 1,700,000 shares of the company’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $52.20, for a total value of $88,740,000.00. Following the sale, the director owned 8,000,001 shares in the company, valued at $417,600,052.20. This represents a 17.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, major shareholder American Industrial Partners C sold 1,700,000 shares of the company’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $52.20, for a total value of $88,740,000.00. Following the completion of the sale, the insider owned 8,000,001 shares in the company, valued at approximately $417,600,052.20. This represents a 17.53% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 5,400,000 shares of company stock worth $277,480,000. Insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On V2X

Institutional investors and hedge funds have recently modified their holdings of the company. Ameritas Advisory Services LLC acquired a new stake in shares of V2X in the 2nd quarter worth approximately $25,000. CWM LLC grew its holdings in shares of V2X by 239.0% in the 1st quarter. CWM LLC now owns 990 shares of the company’s stock worth $49,000 after acquiring an additional 698 shares during the period. Osaic Holdings Inc. grew its holdings in shares of V2X by 140.0% in the 2nd quarter. Osaic Holdings Inc. now owns 1,068 shares of the company’s stock worth $52,000 after acquiring an additional 623 shares during the period. New York State Teachers Retirement System acquired a new stake in shares of V2X in the 2nd quarter worth approximately $73,000. Finally, Ameritas Investment Partners Inc. lifted its stake in V2X by 18.6% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,757 shares of the company’s stock valued at $85,000 after buying an additional 275 shares in the last quarter. Institutional investors and hedge funds own 95.18% of the company’s stock.

V2X Company Profile

V2X, Inc provides critical mission solutions and support services to defense clients worldwide. It offers a suite of integrated solutions across the operations and logistics, aerospace, training, and technology markets to national security, defense, civilian, and international clients. The company was incorporated in 2014 and is headquartered in Mclean, Virginia.